Eddie Favre comes to South Mississippi’s rescue – again
By Mary Perez, The Sun Herald | |
McClatchy-Tribune Information Services |
Who can forget how the former mayor of
Then he put on his long pants and went to work for cities, school districts and utility departments along the Coast to get their
The Community Disaster Loan Program provided millions of dollars in federal aid immediately following Katrina to keep the cities and their police, fire and utilities running.
Repayment rule changed
"It was never the intention for anybody to have to repay those loans," Favre said.
Following every other major natural disaster,
Enter Favre, a certified public accountant, who was hired by the cities and worked with analysts hired by
"It was a great feeling," he said.
Cities save millions
"Thank God we don't have to pay this back," was the reaction of city officials still struggling with tight budgets.
Because
"It's fortunate that so many did get forgiven and unfortunate that some didn't get forgiven," Favre said.
Had all the cities and schools been required to repay the loans, he said, "it would compound the disaster we already faced."
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